Cypress = BULLISH, stop looking at it. How many times do we have to see this setup? Market pretends to be scared about XYZ event. Market drops, a world full casino patrons obsess on the breaking news play by tawdry play and then voila… more bullish fuel is baked into the market in the form of constructive sentiment.
This market will eventually top out of its own bloat. But this Cyprus stuff is adding to a bull continuation case the longer it is obsessed over as if it is anything more than a flash point. Really, have human players become programmed or is this mostly black boxes and algorithms at work?Add to SocialTrade